Business
FULTON FINANCIAL CORPORATION COMPLETES ACQUISITION OF BLUE FOUNDRY BANCORP
Transaction Expands Fulton's Presence in Attractive New Jersey MarketsLANCASTER, Pa., April 1, 2026 /PRNewswire/ -- Fulton Financial Corporation (Nasdaq:
About this update from Fulton Financial Corporation
[{"type":"text","content":"Transaction Expands Fulton's Presence in Attractive New Jersey MarketsLANCASTER, Pa., April 1, 2026 /PRNewswire/ -- Fulton Financial Corporation (Nasdaq: FULT) (\"Fulton\") today announced the successful completion of its acquisition of Blue Foundry Bancorp (formerly Nasdaq: BLFY) (\"Blue Foundry\"), Rutherford, N.J. As a result of the acquisition, Fulton advances its growth plan in an important market and becomes a $34 billion financial services company.\n \n \n \n \n \n \n \n\"We are excited to welcome Blue Foundry Bank customers, employees and shareholders to the Fulton family! Completing the acquisition of Blue Foundry Bancorp marks an exciting milestone,\" said Curt Myers, Fulton Chairman, CEO and President. \"I am proud of the collaboration between both organizations to ensure a seamless transition for Blue Foundry Bank customers as they join Fulton Bank later this year. Expanding our presence in New Jersey allows us to deepen our impact and continue changing lives for the better in the communities we serve.\"Blue Foundry Bank is expected to operate as a separate, wholly owned subsidiary of Fulton until this summer, when Fulton plans to merge Blue Foundry Bank operations, systems and accounts into its existing banking subsidiary, Fulton Bank, N.A. (\"Fulton Bank\"). Until the bank merger and systems conversion occur, Blue Foundry Bank customers will continue to bank just as they have been at Blue Foundry Bank locations.As previously announced and in connection with the acquisition, Fulton will make a $1.5 million contribution to the Fulton Forward® Foundation—designated to provide impact gifts to nonprofit community organizations in New Jersey.Additional information about the transaction is available in a Current Report on Form 8-K that is being filed by Fulton with the U.S. Securities and Exchange Commission (the \"SEC\") simultaneously with the issuance of this press release.About Fulton Financial CorporationHeadquartered in Lancaster, Pa., Fulton Financial Corporation is a premier community banking organization and a $34 billion asset financial holding company providing a variety of financial services through its subsidiary bank, Fulton Bank, in Pennsylvania, Maryland, Delaware, New Jersey and Virginia and Blue Foundry Bank in New Jersey. At Fulton Financial Corporation, we seek to change lives for the better by buildin...